Panagram AAA CLO ETF

CLOX

Market cap $220M

Overview Fund Activity

25.56 USD

+0.04

0.16%

At close Updated Sep 12, 4:00 PM EDT

1 day

0.16%

5 days

-0.04%

1 month

0.16%

3 months

0.27%

6 months

0.12%

Year to date

0.43%

1 year

0.35%

5 years

2.04%

10 years

2.04%

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

300% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 3

267% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 6

41% more funds holding

Funds holding: 32 [Q1] → 45 (+13) [Q2]

4% more capital invested

Capital invested by funds: $93.1M [Q1] → $96.9M (+$3.79M) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

5.72% less ownership

Funds ownership: 57.94% [Q1] → 52.22% (-5.72%) [Q2]

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Financial journalist opinion

JAAA Vs. CLOX: Depends On Your Priorities

Janus Henderson AAA CLO ETF remains my top pick for AAA CLO ETFs due to its larger AUM, longer track record, and better portfolio transparency. Eldridge AAA CLO ETF earns a Hold rating; while it offers some advantages, it lacks the history, size, and data transparency I prefer in a core holding. Both ETFs offer attractive yields, but recent distribution trends are inconsistent and may overstate future income for investors.

JAAA Vs. CLOX: Depends On Your Priorities

Eldridge's Gilbert: CLOs “Incredibly Resilient, Often Misunderstood”

Fixed income investors who want to diversify their portfolios in a challenging market environment shouldn't overlook CLOs. Danielle Gilbert, managing director at Eldridge Capital Management, discussed the value of CLOs in investment portfolios with VettaFi's Todd Rosenbluth in the recent Income Investment Strategy Symposium.

Eldridge's Gilbert: CLOs “Incredibly Resilient, Often Misunderstood”

Eldridge's Gilbert: CLOs “Incredibly Resilient, Often Misunderstood”

Fixed income investors who want to diversify their portfolios in a challenging market environment shouldn't overlook CLOs. Danielle Gilbert, managing director at Eldridge Capital Management, discussed the value of CLOs in investment portfolios with VettaFi's Todd Rosenbluth in the recent Income Investment Strategy Symposium.

Eldridge's Gilbert: CLOs “Incredibly Resilient, Often Misunderstood”

Rush to De-Risk: Nervous Exodus From Structured Credit ETFs

Rising tariff turmoil has sparked a run from credit-sensitive instruments, with escalating trade tensions threatening economic stability. Wednesday's GDP print stoked recessionary fears when it showed the U.S. economy contracted for the first time since early 2022.

Rush to De-Risk: Nervous Exodus From Structured Credit ETFs

CLOX: AAA CLOs From A Smaller Asset Manager

Panagram AAA CLO ETF is a new, actively managed fund investing solely in AAA CLOs, with $100 million in AUM and a 20 bps expense ratio. Retail investors should be agnostic among AAA CLO ETFs, while institutional investors prefer larger funds for liquidity and block trading capabilities. CLOX's performance aligns with its cohort, but a recession may reveal performance differences due to varying manager strategies and market conditions.

CLOX: AAA CLOs From A Smaller Asset Manager

CLO ETFs Among Top Opportunities for 2025, Advisors Say

CLO ETFs remain an attractive opportunity for investors in 2025. A recent poll during VettaFi's 2025 Market Outlook Symposium showed many advisors see CLOs as a compelling opportunity for next year.

CLO ETFs Among Top Opportunities for 2025, Advisors Say

ETF Prime: Mercer on AI Investing & Developments + CLOs

On this week's episode of ETF Prime, Host Nate Geraci was joined by VettaFi Senior Research Analyst Zeno Mercer to discuss the artificial intelligence field and AI-related ETFs. Afterward, Geraci welcomed John Kim, Panagram CEO & CIO, to discuss his firm's CLOs ETFs.

Recapping the 2024 Fixed Income Symposium

A changing interest rate narrative prompted many advisors and investors to reevaluate their bond exposures this month. Asset managers stepped in to offer their perspectives on the changing market dynamics and where the risks and opportunities lie in the 2024 Fixed Income Symposium hosted by VettaFi.

Looking to Loan ETFs

Fixed income ETFs gathered $51 billion of new money in the first quarter. This represented 26% of the industry's net inflows.

How CLOs Can Enhance Returns for Retail Clients

Collateralized loan obligations, or CLOs, may be a way for advisors to enhance retail clients' portfolios. They provide investors with access to a diverse pool of senior secured loans.

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